] The cost of defending the insured homeowner Consider the following situations and, based solely on the information given, indicate the most appropriate form of homeowner's policy or supplemental floater. Situation Recommended Policy This policy is often recommended,for older houses whose replacement costs are signlNcantly greater than their market values. This policy is not often recommended because its list of covered perils is relatively limited This policy is recommended for policyholders living in a rental house, apartment, or other dwelling. An individual who owns an extensive art collection or furs or fine art that is worth more than the traditional coverage provided by Part C of the homeowner's policy receives better protection using which of the following insurance products? O A scheduled personal property floater O A blanket personal property floater O An HO-8 policy